Culture of Holocracy
Holocracy is the management model for modern product management proposing distributed decision making and leadership - enabling employees to act on their initiative. Holocracy requires structuring teams around autonomy and clarity and embracing trust in everyone's ability to drive changes and improvements. Holocracy often works as a panacea for inefficiencies of top-down management and corporate politics but works equally as a system of keeping team members motivated and empowered.
Modern companies embrace holocracy to strengthen entrepreneurship and speeding up change management processes. Holocracy requires distributed ownership both in terms of taking individual responsibility for a specific business domain. This often means ownership understood as taking personal stake at the company's shareholding, because developing sense of ownership is so much harder without ensuring actual ownership.